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. the president said he is modestly optimistic about a fiscal cliff deal getting done before new year's eve. >> clayton: they all said the same thing. presidential meeting with the leaders yesterday. harry reid. >> juliet: vice president showed up. >> clayton: they must have been all on the same table hey whether we lee this table we will say modestly optimistic. listen to senator mitch mcconnell who may be the linchpin of this whole thing. he said i will take the ball and run with it in the senate. get a deal done. listen to the senator. >> we had a good meeting at the white house. we are engaged in discussions the majority leader and myself and the white house in the hopes that we can come forward sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. we will be working hard to see if we can get there in the next 24 hours. so i'm hopeful and optimistic. >> charles krauthammer calling him a master negotiator. saying if it were left up to him he could solve the syrian civil war in a weekend. >> dave: he can get it done but there
that the house of representatives will reconvene sunday to have deal supposedly with the fiscal cliff. the dow jones industrials down by 150 points at one point recovered to lose just 18. the s&p 500 finished just two points lower. nasdaq down 4.25. congress department says sales of new homes went up almost 4.5% last month. that's the highest rate of growth in total sales in more than 2 1/2 years. that's it from cnbc, now back to "hardball." ♪ >>> if their competitor in '16 is going to be hillary clinton supported by bill clinton and presumably a still relatively popular president barack obama, trying to win that will be truly the super bowl, and the republican party as it is today is incapable of competing at that level. >> welcome back to "hardball." newt gingrich's reverence for hillary clinton is certainly a long way from the near contempt republicans held for her back in the '90s. even as a senator hillary clinton was close with some high-profeel republicans. she had friends up there. this archival l.a. times story's headline the secret friendship of hillary clinton and john mccain. but
with congressional leaders on the fiscal cliff. will a deal be made or will it continue to be a blame game? we're live in washington with the latest. >> kelly: then the supreme court striking down a request from a christian business, but that same justice ruling in favor of muslim inmates. is there a double standard here? >> eric: and this isn't something you see every day in the news. ♪ . >> eric: you know what's happened? there is a tree falling ♪ >> eric: reporter's way of saying tgif. by the way, we do that here all the time, don't we? >> juliet: oh, please, guys. >> eric: "fox & friends" starts right now. >> juliet: we do it here all the time. >> kelly: yeah, i got you. >> juliet: i thought there was going to be some other part to that story, like i found a couple bottles of vodka. >> kelly: oh, my. >> juliet: just kidding. hi, how is everybody. >> eric: all good. >> juliet: good. get to some headlines now. we'll move to serious stuff. the nation is mourning the loss of an american hero. general herbert norman schwarzkopf, known as storming norman or bear, has died of complications fr
cliff. there are just five days remaining to strike a deal. we'll get to all that in a moment, but first, we begin with a massive winter storm that made holiday travel miserable for millions of americans, including me! winter storm euclid -- what, are we naming snowstorms now? euclid. you can lid? well, euclid blanketed much of the eastern half of the country yesterday, dropping blizzard-like conditions and record snowfall in the midwest, and by late afternoon, euclid moved northeast, bringing traffic to a standstill, forcing the cancellation of more than 1,500 flights on one of the busiest travel days of the year. the weather channel's mike seidel has more on the massive christmas storm. >> reporter: a major snowstorm has dumped over a foot of snow across parts of the midwest. indiana got hit hard. high winds adding to the misery there. >> it's a lot better with the four-wheel-drive, but it, yeah, it's definitely a doozy out there. >> reporter: and there's lots of snow in little rock, too. folks there had the snowiest christmas ever with nine inches. and it's making getting anywhere alm
obvious. the prospect of reaching a deal to avoid the fiscal cliff before january 1st is very unlikely. that's putting it lightly. let's watch. >> there's 435 members of the house. what goes on in this country shouldn't be decided by the majority. it should be decided by the whole house of representatives. the speaker just has a few days left to change his mind, but i have to be very honest, mr. president, i don't know timewise how it can happen now. >> well, that was plain. this afternoon senate minority leader mitch mcconnell said he wasn't willing to offer the white house a blank check just because we're on the edge of the cliff. take a look. >> last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> well, actually it's not a blank check the president has been pushing. and this i
from going over the so-called fiscal cliff. they say if president obama and congress don't make a deal we will almost certainly see a recession. do you buy that, steven? >> the congressional budget office is a nonpartisan group that does this and says we will in fact have an immediate rescission. they say that we come out of a short, sharp recession stronger than we would be if we didn't go into that recession in the first place. we stop borrowing money from the future to prop us up now. we have the immediate problems but in the long term we are in gets shape. that's what they are grappling this. how do they best structure this to do the least amount of damage now but get us to the good economy in the future. >> reporter: if you look up a research paper from the president's own economist you'll find in the long run we are healthier, short run, yeah, it's painful. is that what motivates some of the republicans that, you know, what are called chuckle heads, but maybe in the end they are wisdom heads. >> that is certainly part of the motivation there. the other part of the motivation, and
with very big issues. in both houses of congress, if we get through this fiscal cliff and get to january, people will rightfully ask is there a better way to do this? since we seem to have a majority in both chambers that would like to solve the problem, but procedurally we're not getting to an answer. >> soon to be senator tim scott takes the oath next week, the only african-american senator, it highlights an interesting dichotomy. republicans have more minorities in the senate than democrats, while the party itself struggles with minority voters. >> i think you hit the nail on the head. clearly the republicans are having a major problem reaching out not just to people of color, but to women and so forth. i think what the republican party is trying to do is say, you know what? we have to do a better job. tim scott is a conservative from south carolina and also he's a earl if legislator in terms of being in the house of representatives, so it's perfect sense for him to go to the senate. we also see to a certain degree the first latino from texas, ted cruz, coming into the senate as well.
Search Results 0 to 6 of about 7